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9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.
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30 January 2025 | 19 replies
My team and I are also out-of-state investors, including a managing partner who was born and raised in Toronto.We’ve been investing in Cleveland for a little over a year now and currently own 22 units in the area.
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21 January 2025 | 4 replies
Practical Tips for Managing PropertiesFinding Good Tenants: Screen thoroughly.
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24 January 2025 | 10 replies
Looks like most every other all in one management tool.
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28 January 2025 | 7 replies
In order to do this you need to have deal flow and you need to know 1) How to recognize a good, profitable deal, 2) How to put together funds quickly to buy the deal before someone else does and in such a way where you are protected and the deal is protected, 3) How to run the project so that you follow the budget and don't overspend or overbuild, 4) How to attract an end buyer or a renter and which documents to use to protect yourself and the buyer, 5) If you are going to keep the property then you need to know how to set up the property from the start to best help you in the refinance later, and 6) You need to know how you are planning on managing the property from the beginning in order to make sure it will be profitable at the end.
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29 January 2025 | 6 replies
You can also partner with experienced investors who have the funds but need someone to find and manage properties.
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2 February 2025 | 5 replies
Learn how to manage better.
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23 January 2025 | 11 replies
Since you mentioned you're working 9-5, I’d suggest look into turnkey rental and considering property managers to help manage you’re property.
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22 January 2025 | 15 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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25 January 2025 | 6 replies
Networking with Canadians who’ve invested in the U.S. and finding good local agents or property managers will also help a lot.